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World Liberty Financial Marks Trump’s Inauguration with $100M Crypto Purchases

Leave a Comment / News / By Sahil Thakur

World Liberty Financial (WLF), the DeFi platform affiliated with President Donald Trump, made waves on January 20 by purchasing over $100 million worth of cryptocurrencies ahead of his inauguration. The transactions reflect the platform’s strategic treasury management and alignment with Trump’s pro-crypto stance. Significant Crypto Acquisitions On Monday morning, WLF added 439 Wrapped Bitcoin (wBTC), …

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CBOE announce five spot Ethereum ETFs

Leave a Comment / News / By Sahil Thakur

CBOE announced that five spot Ethereum ETFs, including funds from Fidelity and VanEck, will be listed on the exchange on July 23. This follows CBOE posting new issue notifications as part of the ETF launch procedure. Firms aiming to launch their spot Ethereum ETFs received SEC approval of 19b-4 forms in May. However, they need …

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Fidelity reveals $4.7M for spot Ethereum ETF

Leave a Comment / News / By Sahil Thakur

Fidelity has updated its S-1 filing for a spot Ethereum ETF, as per documents submitted to the U.S. Securities and Exchange Commission (SEC) on Friday. The asset management firm is the first to amend its S-1 Registration Statement with the SEC, signaling the start of what ETF analysts predict could be a busy period for …

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SEC stops ETH investigation.

Leave a Comment / News / By Sahil Thakur

The US Securities and Exchange Commission (SEC) has concluded its investigation into Ethereum 2.0 and will not pursue legal action regarding ETH sales as securities transactions, according to a recent announcement from Consensys. Despite this positive development, Consensys emphasized the ongoing need for clear regulatory guidelines, especially for services like MetaMask Swaps and Staking. The …

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Ethereum ETFs to launch this summer: Gary Gensler

Leave a Comment / News / By Sahil Thakur

During a Thursday hearing by the Senate Appropriations Subcommittee on Financial Services, US Securities and Exchange Commission Chair Gary Gensler informed Senator Bill Hagerty (R-TN) that he anticipates the agency will approve S-1 forms for spot Ethereum exchange-traded funds (ETFs) “sometime over the course of this summer.” The SEC approved issuers’ 19b-4 filings on May …

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